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Canada’s Reaction to Trump’s Tariffs
05/09/2025
Canada’s Reaction to Trump’s Tariffs
Join Mike Mauceli in this episode as he discovers how Canada is reacting to Trump’s tariffs, and why oil and gas were carved out in Trump’s tariffs with his guest, Canadian analyst and founder of Commodity Context, Rory Johnston. Rory Johnston is a Toronto-based oil market researcher, a lecturer at the University of Toronto’s Munk School of Global Affairs and Public Policy. He is a leading voice on oil market analysis, advising institutional investors, global policy makers, and corporate decision makers. Learn exactly what’s happening with our political and economic relationship with Canada, and how the initial impact of Trump’s tariffs may continue to have repercussions for the unforeseeable future. SHOW NOTES: 00:00 – Intro. 01:19 – What’s going to happen with oil? 07:36 – Volatile Politics on the Keystone Pipeline 12:37 – Future of Gas Prices 17:00 – Why OPEC’s Announcement? 21:31 – Transnational Movement & Current Canadian Federal Election Cycle 25:45 – Closing Statements. Looking for more on Rory Johnston? Website: https://www.commoditycontext.com/ Substack: https://substack.com/@commoditycontext
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